Kellanova Co (MEX:K) PB Ratio : 7.72 (As of Dec. 12, 2024)

View and export this data going back to 2019. Start your Free Trial

What is Kellanova Co PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-12), Kellanova Co's share price is MXN1610.00. Kellanova Co's Book Value per Share for the quarter that ended in Sep. 2024 was MXN208.50. Hence, Kellanova Co's PB Ratio of today is 7.72.

The historical rank and industry rank for Kellanova Co's PB Ratio or its related term are showing as below:

MEX:K' s PB Ratio Range Over the Past 10 Years
Min: 4.22 Med: 7.49 Max: 14.15
Current: 7.62

During the past 13 years, Kellanova Co's highest PB Ratio was 14.15. The lowest was 4.22. And the median was 7.49.

MEX:K's PB Ratio is ranked worse than
93.61% of 1815 companies
in the Consumer Packaged Goods industry
Industry Median: 1.51 vs MEX:K: 7.62

During the past 12 months, Kellanova Co's average Book Value Per Share Growth Rate was -10.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kellanova Co was 36.90% per year. The lowest was -17.70% per year. And the median was 5.80% per year.

Back to Basics: PB Ratio

Kellanova Co PB Ratio Historical Data

The historical data trend for Kellanova Co's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kellanova Co PB Ratio Chart

Kellanova Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

6.32

5.48

6.10

5.75

Kellanova Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															4.76	5.75	6.39	6.09	7.46

Competitive Comparison of Kellanova Co's PB Ratio

For the Packaged Foods subindustry, Kellanova Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kellanova Co's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kellanova Co's PB Ratio falls into.

Kellanova Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Kellanova Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	1610.00	/	208.5
	=	7.72

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Kellanova Co (MEX:K) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Kellanova Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Kellanova Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Kellanova Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kellanova Co (MEX:K) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

K:USA 1K:Italy 0R1R:UK KEL:Germany KEL:Germany KEL:Germany KEL:Germany K1EL34:Brazil KELL:Austria

Address

412 N. Wells Street, Chicago, IL, USA, 60654

Website

https://www.kellanova.com

Following its split from the North American cereal business in October 2023, Kellanova (previously the global snacking arm of Kellogg) has operated as a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base. Mars is slated to acquire the newly independent business in a nearly $36 billion deal in the first half of calendar 2025.